Civic Intelligence

Tom Tom Foundation

990 • Fiscal year 2014 • EIN 46-2048771

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

660 Hunters Place Suite 101Charlottesville, VA 22911

(434) 981-7045

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

52nd percentile

3.8%

Higher net margin than 52% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

99th percentile

1786%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

97th percentile

264%

Faster revenue growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$8,600

Up $8,144 (+1786%) from 2013

Net Assets

Up

$8,142

Up $8,686 (+1597%) from 2013

Liabilities

Down

$458

Down $542 (-54%) from 2013

Revenue

Up

$228,640

Up $165,890 (+264%) from 2013

Expenses

Up

$219,954

Up $156,660 (+248%) from 2013

Net Income

Up

$8,686

Up $9,230 (+1697%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2013: $456Liabilities 2013: $1,000Net Assets 2013: -$5442013Assets 2014: $8,600Liabilities 2014: $458Net Assets 2014: $8,1422014Assets 2015: $56,914Liabilities 2015: $20,112Net Assets 2015: $36,8022015Assets 2016: $126,802Liabilities 2016: $54,727Net Assets 2016: $72,0752016Assets 2017: $145,378Liabilities 2017: $13,890Net Assets 2017: $131,4882017Assets 2018: $204,870Liabilities 2018: $62,844Net Assets 2018: $142,0262018Assets 2019: $65,138Liabilities 2019: $8,284Net Assets 2019: $56,8542019Assets 2020: $200,637Liabilities 2020: $576,880Net Assets 2020: -$376,2432020Assets 2021: $119,408Liabilities 2021: $369,614Net Assets 2021: -$250,2062021Assets 2022: $694,434Liabilities 2022: $464,101Net Assets 2022: $230,3332022Assets 2023: $651,341Liabilities 2023: $468,274Net Assets 2023: $183,0672023Assets 2024: $580,527Liabilities 2024: $458,368Net Assets 2024: $122,1592024Assets 2025: $513,118Liabilities 2025: $469,534Net Assets 2025: $43,5842025

Highlighted filing

2014

Assets$8,600
Liabilities$458
Net Assets$8,142

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $62,750Expenses 2013: $63,294Net Income 2013: -$5442013Revenue 2014: $228,640Expenses 2014: $219,954Net Income 2014: $8,6862014Revenue 2015: $316,743Expenses 2015: $288,083Net Income 2015: $28,6602015Revenue 2016: $649,897Expenses 2016: $614,624Net Income 2016: $35,2732016Revenue 2017: $964,303Expenses 2017: $904,890Net Income 2017: $59,4132017Revenue 2018: $1,213,737Expenses 2018: $1,203,199Net Income 2018: $10,5382018Revenue 2019: $1,197,762Expenses 2019: $1,282,934Net Income 2019: -$85,1722019Revenue 2020: $197,993Expenses 2020: $631,090Net Income 2020: -$433,0972020Revenue 2021: $507,188Expenses 2021: $381,151Net Income 2021: $126,0372021Revenue 2022: $768,107Expenses 2022: $287,568Net Income 2022: $480,5392022Revenue 2023: $402,369Expenses 2023: $449,635Net Income 2023: -$47,2662023Revenue 2024: $554,521Expenses 2024: $615,429Net Income 2024: -$60,9082024Revenue 2025: $549,272Expenses 2025: $627,847Net Income 2025: -$78,5752025

Highlighted filing

2014

Revenue$228,640
Expenses$219,954
Net Income$8,686
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$228,640
Mission and Program Overview

Mission

To champion innovation, creativity, and entrepreneurship in america's small cities, and promote public awareness of best practices for more prosperous and equitable cities.

To celebrate and empower the founders of creative, civic, and entrepreneurial projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$456$8,600▲ $8,144
Rtn Earn Endowment Incm Other Fnds$-544$8,142▲ $8,686
Loans From Officers Directors$1,000--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$456$8,600▲ $8,144
Liabilities
Other Liabilities$0$458▲ $458
Total Liabilities$1,000$458▼ $542
Net Assets / Fund Balance
Total Net Assets Fund Balance$-544$8,142▲ $8,686
Total Liabilities and Net Assets / Fund Balance$456$8,600▲ $8,144
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul BeyerExecutive Director
Blake HurtTrustee
John E HardingTrustee
Richard BeyerTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$177,615
Program Service Revenue
$51,025
Investment Income
$0
Other Revenue
$0
All Other Contributions
$149,141
Change in Net Assets
$8,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,740
Salaries, Compensation, and Employee Benefits$39,214
Total Fundraising Expense$4,433
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$49,690-$2,800$52,490
Other Expenses$50,610--$50,610
Other Salaries and Wages$34,014$5,200-$39,214
Information Technology$28,924$2,120$1,633$32,677
Occupancy$6,875$6,225-$13,100
Fees for Services Other$12,910--$12,910
Office Expenses-$8,860-$8,860
Insurance$5,718$744-$6,462
Fees for Services Legal-$2,406-$2,406
Fees for Services Accounting-$1,225-$1,225
Total Functional Expenses$188,741$26,780$4,433$219,954
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-PAUL BEYER, EXECUTIVE DIRECTOR, OWNS 100% OF TOM TOM FOUNDERS FESTIVAL, LLCTHE TOM TOM FOUNDATION, 46-2048771, (FOUNDATION) CONTRACTED WITH TOM TOM FOUNDERS FESTIVAL, LLC, 45-4371565, (LLC) TO ASSIST IN THE MANAGEMENT AND PRODUCTION OF THE 2013 AND 2014 TOM TOM FOUNDERS FESTIVALS. THE LLC ORGANIZED THE INITIAL TOM TOM FOUNDERS FESTIVAL IN MARCH 2012. AFTER THE 2012 EVENT, MR. BEYER ORGANIZED THE FOUNDATION AS A 501(C)(3) NOT-FOR-PROFIT CORPORATION. TRANSACTIONS BETWEEN THE LLC AND FOUNDATION WERE NECESSARY TO TRANSITION MANGEMENT AND ASSOCIATED BUSINESS TRANSACTIONS TO THE FOUNDATION. AS OF DECEMBER 31, 2014, THE FOUNDATION HAD ASSUMED FULL RESPONSIBILITY FOR ALL FACETS OF THE FESTIVAL, RELATED EVENTS, AND NO LONGER CONTRACTED WITH THE LLC. THE FOUNDATION HAS NO FUTURE PLANS TO CONTRACT WITH THE LLC. FOR THE TAX YEAR ENDED DECEMBER 31, 2014, THE FOUNDATION HAD ACCRUED PAYABLES TO THE LLC OF $17,131. THE OUTSTANDING BALANCE WAS PAID IN FULL ON FEBRUARY 19, 2015 TERMINATING THE RELATIONSHIP BETWEEN THE TWO ENTITIES.No$30,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$458
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

A family relationship exists between the tom tom foundation's executive director, paul beyer, and board of director, trustee, richard beyer.

Form 990, Part VI, Section B, Line 11

Tom tom policy requires the board of directors review and approve the tax return prior to filing.

Form 990, Part VI, Section B, Line 12C

The business of the foundation is consistently reviewed and monitored by the trustees at their regular meetings. The trustees ensure each of them is knowledgeable about and comfortable with the dealings of the foundation, including that its operations are transparent, that its charitable purpose is being furthered and that no conflicts of interest exist.

Form 990, Part VI, Section C, Line 18

All records are available upon request.

Form 990, Part VI, Section C, Line 19

Tom tom foundation's governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Tom Tom Foundation
EIN
46-2048771
Phone
4349817045
Address
660 HUNTERS PLACE SUITE 101, CHARLOTTESVILLE, VA 22911

Signing Officer

Name
Paul Beyer
Title
Executive Director
Phone
4349817045
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Beyer
Formed
2013
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
291

Preparer

Firm
White Beckert and Associates LLC
Address
210 RIDGE MCINTIRE ROAD SUITE 250, CHARLOTTESVILLE, VA 22903
Preparer
Paul G Beckert
Phone
4343265210
Raw XML Appendix345 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt030000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE TOM TOM FOUNDATION, 46-2048771, (FOUNDATION) CONTRACTED WITH TOM TOM FOUNDERS FESTIVAL, LLC, 45-4371565, (LLC) TO ASSIST IN THE MANAGEMENT AND PRODUCTION OF THE 2013 AND 2014 TOM TOM FOUNDERS FESTIVALS. THE LLC ORGANIZED THE INITIAL TOM TOM FOUNDERS FESTIVAL IN MARCH 2012. AFTER THE 2012 EVENT, MR. BEYER ORGANIZED THE FOUNDATION AS A 501(C)(3) NOT-FOR-PROFIT CORPORATION. TRANSACTIONS BETWEEN THE LLC AND FOUNDATION WERE NECESSARY TO TRANSITION MANGEMENT AND ASSOCIATED BUSINESS TRANSACTIONS TO THE FOUNDATION. AS OF DECEMBER 31, 2014, THE FOUNDATION HAD ASSUMED FULL RESPONSIBILITY FOR ALL FACETS OF THE FESTIVAL, RELATED EVENTS, AND NO LONGER CONTRACTED WITH THE LLC. THE FOUNDATION HAS NO FUTURE PLANS TO CONTRACT WITH THE LLC. FOR THE TAX YEAR ENDED DECEMBER 31, 2014, THE FOUNDATION HAD ACCRUED PAYABLES TO THE LLC OF $17,131. THE OUTSTANDING BALANCE WAS PAID IN FULL ON FEBRUARY 19, 2015 TERMINATING THE RELATIONSHIP BETWEEN THE TWO ENTITIES.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO PROVIDE A SHORT-TERM CASH LOAN FOR OPENING CHECKING ACCOUNT DEPOSIT.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0PAUL BEYER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0KEY EMPLOYEE - DIRECTOR OF BUSINESS OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A FAMILY RELATIONSHIP EXISTS BETWEEN THE TOM TOM FOUNDATION'S EXECUTIVE DIRECTOR, PAUL BEYER, AND BOARD OF DIRECTOR, TRUSTEE, RICHARD BEYER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOM TOM POLICY REQUIRES THE BOARD OF DIRECTORS REVIEW AND APPROVE THE TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BUSINESS OF THE FOUNDATION IS CONSISTENTLY REVIEWED AND MONITORED BY THE TRUSTEES AT THEIR REGULAR MEETINGS. THE TRUSTEES ENSURE EACH OF THEM IS KNOWLEDGEABLE ABOUT AND COMFORTABLE WITH THE DEALINGS OF THE FOUNDATION, INCLUDING THAT ITS OPERATIONS ARE TRANSPARENT, THAT ITS CHARITABLE PURPOSE IS BEING FURTHERED AND THAT NO CONFLICTS OF INTEREST EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL RECORDS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TOM TOM FOUNDATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0456
IRS990/TotalAssetsEOYAmt08600
IRS990/TotalAssetsGrp/BOYAmt0456
IRS990/TotalAssetsGrp/EOYAmt08600
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0177615
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04433
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026780
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188741
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219954
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01000
IRS990/TotalLiabilitiesEOYAmt0458
IRS990/TotalLiabilitiesGrp/BOYAmt01000
IRS990/TotalLiabilitiesGrp/EOYAmt0458
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-544
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08142
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0188741
IRS990/TotalProgramServiceRevenueAmt051025
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt051025
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0228640
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0291
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0456
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08600
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0660 HUNTERS PLACE SUITE 101
IRS990/USAddress/CityNm0CHARLOTTESVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022911
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.TOMTOMFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL BEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04349817045
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOM TOM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TOMT
ReturnHeader/Filer/EIN0462048771
ReturnHeader/Filer/PhoneNum04349817045
ReturnHeader/Filer/USAddress/AddressLine1Txt0660 HUNTERS PLACE SUITE 101
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022911
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460597233
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITE BECKERT AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 RIDGE MCINTIRE ROAD SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022903
ReturnHeader/PreparerPersonGrp/PhoneNum04343265210
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL G BECKERT
ReturnHeader/ReturnTs02015-11-13T15:19:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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